Market slips despite Elan flurry

A mixed start to the week saw the Iseq dropping 6.81 points to 4,072.85 despite an early surge in pharmaceutical company Elan after news of a buyout by US drugmaker Perrigo.

Financial stocks had the usual varying fortunes, with AIB adding 0.1c to 5.7c and Bank of Ireland dipping 0.1c to 17.5c with both banks due to report interim results this week.

Meanwhile, Permanent TSB Group was unchanged at 3c with insurer FBD Holdings gaining 5c to €15.60.

Elsewhere, Elan finished up 41c to €11.55 having peaked at €12.57 earlier.

In other news Ryanair Holdings shed 20c to €6.97 after delivering first-quarter net profits of €78.1m which were in line with market expectations.


Esther McCarthy previews some of the Fleadh’s Irish and international offerings.How to attend the Galway Film Fleadh from the comfort of your own couch

Whether you’re on staycation or risking a trip away, Marjorie Brennan offers suggestions on novels for a wide variety of tastesThe best fiction books for the beach and beyond this summer

Q. Sometimes I know that an orgasm just isn't going to happen. Is it really so bad to fake it?Sex File: Is it wrong to fake an orgasm?

Financial advice with Gráinne McGuinnessMaking Cents: You have made your home beautiful in lockdown, now make sure it is properly protected

More From The Irish Examiner